Summary
12.94 -0.11(-0.81%)09/16/2024
Eaton Vance Floating-Rate Income Trust (EFT)
Eaton Vance Floating-Rate Income Trust (EFT)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| -0.81 | -1.56 | -1.56 | -4.26 | -2.45 | 5.42 | 34.32 | -35.33 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 12.94 | |
| Open | 13.06 | |
| High | 13.08 | |
| Low | 12.90 | |
| Volume | 179,013 | |
| Change | -0.11 | |
| Change % | -0.81 | |
| Avg Volume (20 Days) | 74,642 | |
| Volume/Avg Volume (20 Days) Ratio | 2.40 | |
| 52 Week Range | 11.46 - 13.75 | |
| Price vs 52 Week High | -5.93% | |
| Price vs 52 Week Low | 12.87% | |
| Range | -0.96 | |
| Gap Up/Down | -0.03 | |
Fundamentals | ||
| Market Capitalization (Mln) | 341 | |
| EBIDTA | 0 | |
| PE Ratio | 7.8140 | |
| PEG Ratio | 0.0000 | |
| WallStreet Target Price | 0.00 | |
| Book Value | 13.1700 | |
| Earnings Per Share | 1.7200 | |
| EPS Estimate Current Quarter | 0.0000 | |
| EPS Estimate Next Quarter | 0.0000 | |
| EPS Estimate Current Year | 0.0000 | |
| EPS Estimate Next Year | 0.0000 | |
| Diluted EPS (TTM) | 1.7200 | |
| Revenues | ||
| Profit Marging | 0.8737 | |
| Operating Marging (TTM) | 0.9168 | |
| Return on asset (TTM) | 0.0561 | |
| Return on equity (TTM) | 0.1387 | |
| Revenue TTM | 56,671,320 | |
| Revenue per share TTM | 2.1650 | |
| Quarterly Revenue Growth (YOY) | 0.3340 | |
| Quarterly Earnings Growth (YOY) | -0.8190 | |
| Gross Profit (TTM) | 31,257,292 | |
| Dividends | ||
| Dividend Share | 1.2720 | |
| Dividend Yield | 0.1054 | |
| Valuations | ||
| Trailing PE | 7.8140 | |
| Forward PE | 0.0000 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 1.0084 | |
| Revenue Enterprise Value | 0.0000 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 26,181,400 | |
| Shares Float | 0 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 0.00 | |
| Institutions (%) | 28.04 | |
08/02 14:11 EST - seekingalpha.com
EFT: Not Worth A Premium, But Not A Bad Fund
Eaton Vance Floating-Rate Income Trust generates income through debt securities with floating interest rates, offering higher yields than traditional bonds due to the inverted yield curve. The EFT closed-end fund boasts a 10.53% yield, slightly lower than peers, with a stable share price and focus on current income. The fund appears to be reducing its American allocation, which makes no sense following developed market central banks beginning a cutting cycle.
EFT: Not Worth A Premium, But Not A Bad Fund
Eaton Vance Floating-Rate Income Trust generates income through debt securities with floating interest rates, offering higher yields than traditional bonds due to the inverted yield curve. The EFT closed-end fund boasts a 10.53% yield, slightly lower than peers, with a stable share price and focus on current income. The fund appears to be reducing its American allocation, which makes no sense following developed market central banks beginning a cutting cycle.
03/26 15:45 EST - seekingalpha.com
EFT: A Good Floater Fund That Can Be A Hedge Against A 'No Rate Cut' Scenario
The Eaton Vance Floating-Rate Income Trust offers a high yield of 10.80%, which is higher than most investment-grade or junk bond funds. The EFT closed-end fund's portfolio consists mainly of floating-rate senior loans, which have higher yields than long-dated bonds in an inverted yield curve situation. The fund's distribution has been inconsistent over the years, but this is natural since the fund's income varies with interest rates.
EFT: A Good Floater Fund That Can Be A Hedge Against A 'No Rate Cut' Scenario
The Eaton Vance Floating-Rate Income Trust offers a high yield of 10.80%, which is higher than most investment-grade or junk bond funds. The EFT closed-end fund's portfolio consists mainly of floating-rate senior loans, which have higher yields than long-dated bonds in an inverted yield curve situation. The fund's distribution has been inconsistent over the years, but this is natural since the fund's income varies with interest rates.
03/23 08:29 EST - 247wallst.com
Want $10,500 In Passive Income, Invest $5,000 Into Each of These Dividend Stocks
Total Annual Passive Dividend Income $10,898.00 ALERT: Today Could Be Your Best Shot At Early Retirement (Sponsored) If you want to retire before 65, pay attention.
Want $10,500 In Passive Income, Invest $5,000 Into Each of These Dividend Stocks
Total Annual Passive Dividend Income $10,898.00 ALERT: Today Could Be Your Best Shot At Early Retirement (Sponsored) If you want to retire before 65, pay attention.
03/08 15:09 EST - seekingalpha.com
FRA: Still A Good Way To Earn An Attractive 11% Yield Today (Rating Upgrade)
The BlackRock Floating Rate Income Strategies Fund Inc offers a high yield of 11.46% due to its investment in speculative-grade floating-rate securities.
FRA: Still A Good Way To Earn An Attractive 11% Yield Today (Rating Upgrade)
The BlackRock Floating Rate Income Strategies Fund Inc offers a high yield of 11.46% due to its investment in speculative-grade floating-rate securities.
03/01 16:30 EST - businesswire.com
Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds
BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 3/1/2024 Ex-Date – 3/8/2024 Record – 3/11/2024 Payable – 3/18/2024 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 2/29/24 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0434 - $10.40 5.01% Eaton Vance Municipal Income Trust EVN $0.0461 - $10.15 5.45% Taxab.
Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds
BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 3/1/2024 Ex-Date – 3/8/2024 Record – 3/11/2024 Payable – 3/18/2024 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 2/29/24 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0434 - $10.40 5.01% Eaton Vance Municipal Income Trust EVN $0.0461 - $10.15 5.45% Taxab.
02/22 05:30 EST - seekingalpha.com
NHS: This Fund Is Looking Very Expensive Given Current Fundamentals (Rating Downgrade)
NHS: This Fund Is Looking Very Expensive Given Current Fundamentals (Rating Downgrade)
NHS: This Fund Is Looking Very Expensive Given Current Fundamentals (Rating Downgrade)
NHS: This Fund Is Looking Very Expensive Given Current Fundamentals (Rating Downgrade)
01/26 17:41 EST - seekingalpha.com
FTF: A Good Compromise Debt CEF For A Strong Economy In 2024
FTF: A Good Compromise Debt CEF For A Strong Economy In 2024
FTF: A Good Compromise Debt CEF For A Strong Economy In 2024
FTF: A Good Compromise Debt CEF For A Strong Economy In 2024
12/26 13:58 EST - seekingalpha.com
EFT: Should Work To Protect Against 2024 Market Volatility
The Eaton Vance Floating-Rate Income Trust offers a high yield of 11.15% due to short-term interest rates being higher than long-term rates. The fund's share price performance has been modest compared to the Bloomberg U.S. Aggregate Bond Index, but its stability and high yield make it attractive. The fund's diverse portfolio and stability make it a potential hedge against volatility in the bond market, appealing to risk-averse investors.
EFT: Should Work To Protect Against 2024 Market Volatility
The Eaton Vance Floating-Rate Income Trust offers a high yield of 11.15% due to short-term interest rates being higher than long-term rates. The fund's share price performance has been modest compared to the Bloomberg U.S. Aggregate Bond Index, but its stability and high yield make it attractive. The fund's diverse portfolio and stability make it a potential hedge against volatility in the bond market, appealing to risk-averse investors.
12/18 16:30 EST - businesswire.com
Eaton Vance Declares Early Monthly Distributions and Special Distributions for Certain Eaton Vance Closed-End Funds
BOSTON--(BUSINESS WIRE)--Eaton Vance closed-end funds (each, a “Fund” and collectively, the “Funds”) announced distributions today as detailed below. Declaration – 12/18/2023 Ex-Date – 12/27/2023 Record – 12/28/2023 Payable – 1/15/2024 Fund Ticker Monthly Distribution Special Distribution Total Distribution Eaton Vance Floating-Rate Income Trust EFT $0.1180 $0.0396 $0.1576 Eaton Vance Senior Floating-Rate Trust EFR $0.1210 $0.0000 $0.1210 Eaton Vance Senior Income Trust EVF $0.0610 $0.0000 $0.
Eaton Vance Declares Early Monthly Distributions and Special Distributions for Certain Eaton Vance Closed-End Funds
BOSTON--(BUSINESS WIRE)--Eaton Vance closed-end funds (each, a “Fund” and collectively, the “Funds”) announced distributions today as detailed below. Declaration – 12/18/2023 Ex-Date – 12/27/2023 Record – 12/28/2023 Payable – 1/15/2024 Fund Ticker Monthly Distribution Special Distribution Total Distribution Eaton Vance Floating-Rate Income Trust EFT $0.1180 $0.0396 $0.1576 Eaton Vance Senior Floating-Rate Trust EFR $0.1210 $0.0000 $0.1210 Eaton Vance Senior Income Trust EVF $0.0610 $0.0000 $0.
12/01 11:22 EST - seekingalpha.com
Weekly Closed-End Fund Roundup: Tortoise Tender Results (November 19, 2023)
22 out of 22 CEF sectors positive on price and 21 out of 22 sectors positive on NAV. Tortoise tender offering results. Eaton Vance tender offer results.
Weekly Closed-End Fund Roundup: Tortoise Tender Results (November 19, 2023)
22 out of 22 CEF sectors positive on price and 21 out of 22 sectors positive on NAV. Tortoise tender offering results. Eaton Vance tender offer results.
10/27 16:02 EST - businesswire.com
Eaton Vance Floating-Rate Income Trust and Eaton Vance Senior Income Trust Announce Final Results of Tender Offers
BOSTON--(BUSINESS WIRE)--Eaton Vance Floating-Rate Income Trust (NYSE: EFT) and Eaton Vance Senior Income Trust (NYSE: EVF) (each, a “Fund,” and, together, the “Funds”) each announced today the final results of the Fund's cash tender offer for the following amount of its outstanding common shares (each, a “Tender Offer” and, together, the “Tender Offers”). The Tender Offers expired at 5:00 P.M. Eastern Time on October 25, 2023. The final results of each Tender Offer based on a count by Equiniti.
Eaton Vance Floating-Rate Income Trust and Eaton Vance Senior Income Trust Announce Final Results of Tender Offers
BOSTON--(BUSINESS WIRE)--Eaton Vance Floating-Rate Income Trust (NYSE: EFT) and Eaton Vance Senior Income Trust (NYSE: EVF) (each, a “Fund,” and, together, the “Funds”) each announced today the final results of the Fund's cash tender offer for the following amount of its outstanding common shares (each, a “Tender Offer” and, together, the “Tender Offers”). The Tender Offers expired at 5:00 P.M. Eastern Time on October 25, 2023. The final results of each Tender Offer based on a count by Equiniti.
10/26 08:30 EST - businesswire.com
Eaton Vance Floating-Rate Income Trust and Eaton Vance Senior Income Trust Announce Preliminary Results of Tender Offers
BOSTON--(BUSINESS WIRE)--Eaton Vance Floating-Rate Income Trust (NYSE: EFT) and Eaton Vance Senior Income Trust (NYSE: EVF) (each, a “Fund,” and, together, the “Funds”) each announced today the preliminary results of the Fund's cash tender offer for up to 10% of its outstanding common shares that expired at 5:00 p.m. Eastern Time on October 25, 2023 (each, a “Tender Offer” and, together, the “Tender Offers”). The table below shows the preliminary results for each Fund: Fund Common Shares Offere.
Eaton Vance Floating-Rate Income Trust and Eaton Vance Senior Income Trust Announce Preliminary Results of Tender Offers
BOSTON--(BUSINESS WIRE)--Eaton Vance Floating-Rate Income Trust (NYSE: EFT) and Eaton Vance Senior Income Trust (NYSE: EVF) (each, a “Fund,” and, together, the “Funds”) each announced today the preliminary results of the Fund's cash tender offer for up to 10% of its outstanding common shares that expired at 5:00 p.m. Eastern Time on October 25, 2023 (each, a “Tender Offer” and, together, the “Tender Offers”). The table below shows the preliminary results for each Fund: Fund Common Shares Offere.
10/16 18:51 EST - seekingalpha.com
EFT: Protection Against Interest Rates And A High Yield
The Eaton Vance Floating-Rate Income Trust offers a high level of current income with a yield of 11.48%. The EFT closed-end fund has performed well compared to the S&P 500 Index, delivering a 1.42% total return over the past two months. The EFT fund primarily invests in floating-rate debt securities, which can perform well in a rising interest-rate environment.
EFT: Protection Against Interest Rates And A High Yield
The Eaton Vance Floating-Rate Income Trust offers a high level of current income with a yield of 11.48%. The EFT closed-end fund has performed well compared to the S&P 500 Index, delivering a 1.42% total return over the past two months. The EFT fund primarily invests in floating-rate debt securities, which can perform well in a rising interest-rate environment.
09/26 16:01 EST - businesswire.com
Eaton Vance Floating-Rate Income Trust and Eaton Vance Senior Income Trust Announce Commencement of Tender Offers
BOSTON--(BUSINESS WIRE)--Eaton Vance Floating-Rate Income Trust (NYSE: EFT) and Eaton Vance Senior Income Trust (NYSE: EVF) (each, a “Fund,” and, together, the “Funds”) each announced today the commencement of a cash tender offer (each, a “Tender Offer,” and together, the “Tender Offers”). As previously announced, each Fund will purchase for cash up to 10% of its outstanding common shares at a price per share equal to 98% of its net asset value (“NAV”) per share, determined as of the close of r.
Eaton Vance Floating-Rate Income Trust and Eaton Vance Senior Income Trust Announce Commencement of Tender Offers
BOSTON--(BUSINESS WIRE)--Eaton Vance Floating-Rate Income Trust (NYSE: EFT) and Eaton Vance Senior Income Trust (NYSE: EVF) (each, a “Fund,” and, together, the “Funds”) each announced today the commencement of a cash tender offer (each, a “Tender Offer,” and together, the “Tender Offers”). As previously announced, each Fund will purchase for cash up to 10% of its outstanding common shares at a price per share equal to 98% of its net asset value (“NAV”) per share, determined as of the close of r.
09/01 08:30 EST - businesswire.com
Eaton Vance Floating-Rate Income Trust and Eaton Vance Senior Income Trust Announce Tender Offers to Purchase up to 10% of Outstanding Common Shares
BOSTON--(BUSINESS WIRE)--Eaton Vance Floating-Rate Income Trust (NYSE: EFT) and Eaton Vance Senior Income Trust (NYSE: EVF) (each, a “Fund,” and, together, the “Funds”) previously announced that they will conduct cash tender offers by the end of the fourth quarter of each of 2022, 2023 and 2024 (each, a “Conditional Tender Offer”) for up to 10% of each respective Fund's then-outstanding common shares if, from January to August of the relevant year, the Fund's common shares trade at an average d.
Eaton Vance Floating-Rate Income Trust and Eaton Vance Senior Income Trust Announce Tender Offers to Purchase up to 10% of Outstanding Common Shares
BOSTON--(BUSINESS WIRE)--Eaton Vance Floating-Rate Income Trust (NYSE: EFT) and Eaton Vance Senior Income Trust (NYSE: EVF) (each, a “Fund,” and, together, the “Funds”) previously announced that they will conduct cash tender offers by the end of the fourth quarter of each of 2022, 2023 and 2024 (each, a “Conditional Tender Offer”) for up to 10% of each respective Fund's then-outstanding common shares if, from January to August of the relevant year, the Fund's common shares trade at an average d.
08/07 19:08 EST - seekingalpha.com
EFT: A Good 10.86%-Yielding Income Fund For Rising Rates
The pervasive inflation in the U.S. has led to declining real wages and strained household budgets, driving people to seek extra sources of income. Eaton Vance Floating-Rate Income Trust is a closed-end fund that specializes in generating income through investing in floating-rate debt securities. The EFT fund's portfolio primarily consists of floating-rate bank loans, providing diversification and low default risk, and has outperformed the aggregate bond index over the past year.
EFT: A Good 10.86%-Yielding Income Fund For Rising Rates
The pervasive inflation in the U.S. has led to declining real wages and strained household budgets, driving people to seek extra sources of income. Eaton Vance Floating-Rate Income Trust is a closed-end fund that specializes in generating income through investing in floating-rate debt securities. The EFT fund's portfolio primarily consists of floating-rate bank loans, providing diversification and low default risk, and has outperformed the aggregate bond index over the past year.
07/22 09:33 EST - seekingalpha.com
CEF Weekly Review: (Some) CEF Net Income Turns Negative
We review CEF market valuation and performance through the second week of July and highlight recent market action. CEFs had a good week overall as NAVs gained, however, discounts remain sluggish. The net income profile of some CEFs has turned negative, owing to a high cost of leverage.
CEF Weekly Review: (Some) CEF Net Income Turns Negative
We review CEF market valuation and performance through the second week of July and highlight recent market action. CEFs had a good week overall as NAVs gained, however, discounts remain sluggish. The net income profile of some CEFs has turned negative, owing to a high cost of leverage.